GQG 0.72% $2.75 gqg partners inc.

Adani share purchases, page-13

  1. 113 Posts.
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    Thanks@lost

    My thoughts is that we will be close to the April figure, with a marginally increase to FUM. If yes, I cannot see why the stock cant rally easily to ~$1.40.

    With a stock trading on a ~9x multiple, positive FUM momentum, will deliver strong operational leverage through FUM growth, capital light, no debt, debt ceiling now resolved and distributes ~90% as dividends, i'm happy to hold through the cycle.

    I guess we wait to Weds or Thursday for the ASX announcement.
 
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